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Swiss biologist wins prestigious science award

This content was published on Jun 27, 2001 The prize, worth SFr1.8 million ($1 million), was given to Busslinger in recognition of his research into the formation of blood cells. Busslinger, who was presented the award by the Austrian research minister, Elisabeth Gehrer, is attached to the Vienna-based Research Institute of Molecular Pathology (IMP). The Swiss scientist is one of a team of…

Village evacuated in Zermatt valley

This content was published on Jun 26, 2001 The water reached Täsch late on Monday evening, washing away a bridge crossing the stream. Up to 150 people had to leave their homes, and by Tuesday a dozen had still not returned. The “Weingartensee”, the lake which caused the flooding, lies above 3,000 metres. The layer of snow and ice which normally covers the…

Holcim gains approval to take control of Indonesian cement producer

This content was published on Jun 26, 2001 After a wide-ranging restructuring process, Holcim’s stake could now increase to 74.5 per cent from its current 12.5 per cent. The plan will involve Holcim assuming debts with a discounted value of SFr310 million ($175 million). Holcim is one of three leading world cement companies aiming to acquire struggling Indonesian firms which fell into liquidity…

New interactive guide to national park

This content was published on Jun 26, 2001 The CD-ROM, in English and all four Swiss national languages, contains 450 pages and over 800 illustrations, along with virtual flights and interactive panoramas, covering much of Switzerland’s alpine terrain. The head of the National Park Commission, parliamentarian Andrea Hämmerle, said the CD-ROM guide heralded a new era for nature reserves in Switzerland. Franz-Sepp Schulz,…

Blaser urges social responsibility on Swiss business

This content was published on Jun 26, 2001 In his speech to the association’s annual meeting in Zurich, Blaser spoke about a growing lack of credibility for business leaders. He said the recession of the 1990s had resulted in mass redundancies, mergers and restructuring that had often been badly communicated. He said the pressure for short-term returns had often led to knee-jerk reactions…

Hotel trade records best ever winter season

This content was published on Jun 26, 2001 The Federal Office for Statistics reported on Tuesday the number of overnight stays between November and April rose by just over half a million – 3.5 per cent more than the 2000 winter season. It was the best result since records began in 1934, and underlined the extent to which the tourist trade in Switzerland…

Temenos makes stock exchange debut

This content was published on Jun 26, 2001 Temenos shares began trading at SFr23 ($13) each, valuing the company at around SFr1.19 billion. The group expects its initial public offering to raise around SFr231 million. The flotation is considered a litmus test for tech IPOs in today’s more sober environment where investor expectations have become more realistic after last year’s inflated valuations. The…

Swiss blue chips make successful move to London

This content was published on Jun 25, 2001 Stock exchange spokesman Leo Hug said the launch, featuring 29 leading Swiss companies in the Swiss Market Index, including such names as Nestlé and Swissair, had gone smoothly and without problems. Traders expressed satisfaction after the start of virt-x, adding that it had a good potential for success. However, they warned that its efficiency could…

Swiss urged to prepare for Euro launch

This content was published on Jun 25, 2001 The Swiss Bankers Association is recommending that people either spend their EU currency reserves or convert them into Swiss francs. Twelve of the 15 EU countries, including Switzerland’s neighbours France and Germany, will adopt the Euro as of January 3 2002, making their own currencies redundant from the end of this year. In Switzerland, the…

Swiss relief workers head for Peru

This content was published on Jun 25, 2001 The Swiss Development Agency said three members of the Swiss Disaster Relief Unit had headed off on Monday to areas shaken by the quake, which measured 7.9 on the Richter scale. Spokesman Joachim Ahrens said the experts would work alongside four other Swiss workers already in the area. Their first priority will be to assess…

Internal: Archive

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Swiss biologist wins prestigious science award

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Village evacuated in Zermatt valley

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Holcim gains approval to take control of Indonesian cement producer

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New interactive guide to national park

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Blaser urges social responsibility on Swiss business

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Hotel trade records best ever winter season

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Temenos makes stock exchange debut

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Swiss blue chips make successful move to London

More

Swiss urged to prepare for Euro launch

More

Swiss relief workers head for Peru

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